3 Beds   2 Baths   1,860 Sq. Ft.   Condo

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Luge Ln,
Orlando, FL 32839

Status: Inactive
Listing ID: 28474574

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,860
  • Levels: 2
  • Heating Type: Forced Air
  • Air Conditioning: Central
  • Year Built: 2007
  • Source ID: 7527897
  • Day(s) On Site: 3171
  • Estimated Value: $120,657
  • Subdivision: MILLENIUM PARC B C D E & G
  • Assessed Value: $141,750
  • Parcel Number: 162329566700470
  • Property Type: Condo
  • Defendant Name: OLVER SCOTT R
  • Plaintiff: MILLENIUM PARC TOWNHOME OWNERS ASSOCIATION INC
  • Case Number: 2011 CC 6368
  • Recording Date: 05-06-2011
  • Last Sale Amount: $321,800
  • Last Sale Date: 03-30-2007
  • Document Book: 10210
  • Document Page: 5737
  • Trustee Name: JAMES C WASHBURN ESQ
  • Trustee City: WINTER PARK
  • Trustee Address: 280 W CANTON AVE SUITE 410
  • Trustee State: FL
  • Trustee Zip: 32789
  • Trustee Phone: (407) 647-7645
  • Deed Category: LP
  • Document Number: 20110240481
  •  

Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Parking: FINISHED GARAGE
  • Parking Sqft: 220
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: CONCRETE BLOCK/STUCCO
  • Heating Type: FORCED AIR
  • Roof Material: CONCRETE TILE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 1,936
  • Year Built: 2007
  • APN: 29-23-16-5667-00-470
  • Property Type: Single Family Residence
  • Township: ORLANDO
  • Living Sqft: 1,860
  • Garage: FINISHED
  •  
  • Subdivision: MILLENIUM PARC B C D E & G

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

    Property Classification

  • Classification Id: Lis Pendens
  • Classification Desc: If a homeowner misses one or more mortgage payments in states that follow judicial foreclosure actions a lender will file this formal notice with the local courthouse. The term is also used to describe mortgage-related complaints, which allow third parties to know that there is a pending legal action that affects the property. Approaching a homeowner at this stage of default represents a tremendous opportunity to make money in the real estate market because he or she is motivated to sell before potentially losing the house to foreclosure. It is important to do your research to determine what type of litigation the lis pendens relates to before approaching a property owner. A lis pendens is also filed when there is some other legal claim being made against a particular property, such as lien claims by contractors, divorce cases, and fines and penalties assessed by homeowner associations.

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First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Orlando, FL
Home Inspectors

Pillar to Post
Jimmy Ehrhart
407-417-2874
For Pete's Sake, Inc. dba Pillar to Post
Jeff Mackey
407-582-9009
Clear Choice Home Inspection Services, LLC
Owen Thompson
407-900-8336
Pillar To Post Professional Home Inspection
Sam Grasso
323-810-4571
Central Florida Home Inspections Inc. /dba: C.F.H.
Terry L. Hounshell
321-217-4918
foreclosure.com

Luge Ln
Orlando, FL 32839

3 Beds   2 Baths   1,860 sq. ft.   Condo

 

Status: Inactive Listing ID: 28474574

Property Information

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Public Records

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Property Description

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Listing URL

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